Political Opinion

Then we have the to-date deadliest mass shooting in US history, motive they say is unknown but this guy was targeting a group that would have been mostly Trump supporters,

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And now we have this,

The route cause of US inflation is diesel prices, and now we are running out of diesel.

No diesel, no goods, no food. We truly are living the back story to the movie/novel "Hunger Games "

Something is being covered up in that Las Vegas shooting, We’ve never heard much about it.
What, it doesn’t fit the narrative?

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America has struggled with mental illness since its inception

FBI: Attacker wanted to hold Nancy Pelosi hostage, planned to break her knee caps

According to records of his internet activity, DePape was an adherent of a number of conspiracies promoted in right-wing media, including QAnon and the belief that the 2020 election was stolen. DePape also cast doubt on preventative COVID actions like vaccinations and wearing masks, promoted antisemitic beliefs and defended former President Donald Trump.

Nancy Pelosi has been featured prominently in Republican ads and right-wing media attacks for years, with an uptick recently leading into November’s midterm elections. Last year, House Minority Leader Kevin McCarthy, R-Calif., said that “it will be hard not to hit” Pelosi with the speaker’s gavel if he takes over the position in 2023. Rep. Marjorie Taylor Greene, R-Ga., previously liked[ social media posts](https://www.cnn.com/2021/01/26/politics/marjorie-taylor-greene-democrats-
violence/index.html) supporting the execution of Pelosi.

5 years later, lots of unanswered questions, have you seen any photos of the inside of the shooters hotel room where all these weapons were, I have not, and I would like to see that. and then there are those two hotel employees, the maintenance guy and security guy, the only interview they gave was together on Ellen DeGeneres show , why that show ?

lots of unanswered questions, but as you pointed out, it does not fit their narrative so the investigation ends

Where else have we seen this, how about Seth Rich

just sweep it under the rug

Apparently motivated by interests

Here Are 5 Conspiracy Theories About The Las Vegas Shooting

With investigators getting no closer to finding Paddocks motive, here are a few theories for why exactly this massacre may have happened.

Abolish affirmative action and maybe we’ll develop smarter and brighter Conservatives

Conservative justices may end affirmative action in college admissions — and beyond

Harvard and many other universities are using so called affirmative action to openly discriminate against Asian-Americans

A fair and “conservative” solution would be to set entry standards and let all students who meet those standards attend the college of their choice. With most students attending class on-line these days there is no longer any reason to have limits on enrollment. This might also create some free market competition for students and who knows, it might even bring down tuition cost

Conservative ( simple) solutions are nearly always the best solution

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End all discrimination now

  • Harvard data released as part of the lawsuit showed that admitted Asian-American students have a higher average SAT score and lower rate of admission than any other racial group. It also revealed that Asian-Americans would make up 43% of Harvard’s admitted class if only academics were considered.

There can’t be a more fair system than that, 100% agree

BTW: California banned affirmative action in 1996.

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I wonder what political party is behind this movement?

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Measure to Restore Affirmative Action in California Fails

Several key propositions backed by liberals in the deep blue state failed this year

Voters in America’s most populous state rejected a measure that would have allowed affirmative action in public employment, contracting and admissions 24 years after it was initially banned.

As of Wednesday morning local time, results showed 56% of Californians voted against Proposition 16 and 44% in favor, according to the Associated Press.

It was the people not the politicians who ended affirmative action in California

and it is the politicians against the will of the people who wish to bring it back

another reason to NEVER VOTE democrat

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There are many reasons not to vote for any party.

Poll reveals white Americans see an increase in discrimination against other white people and less against other racial groups

Despite largely holding the political, economic and social levers of power, nearly a third of white Americans say they have seen “a lot more” discrimination against white people in the past five years – and more than half of them say they have not seen a rise in discrimination against Black and Latino Americans.

That many white Americans, the dominant racial group in U.S. society, see more discrimination against other white people than those who have historically endured this treatment is troubling.

Here is a great vid by a great Youtube channel, this is our Military Industrial Complex at its worst. And what current president and political party refuses to call out the MIC

Another reason not to vote democrat

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The issue goes deeper than your brain can handle, an issue that’s been going on for a long time

How Congress Loots the Treasury for the Military-Industrial-Congressional Complex

Instead, year after year, members of Congress hand over the largest share of our nation’s resources to this corrupt institution, with minimal scrutiny and no apparent fear of accountability when it comes to their own reelection. Members of Congress still see it as a “safe” political call to carelessly whip out their rubber-stamps and vote for however many hundreds of billions in funding Pentagon and arms industry lobbyists have persuaded the Armed Services Committees they should cough up.

Let’s make no mistake about this: Congress’s choice to keep investing in a massive, ineffective and absurdly expensive war machine has nothing to do with “national security” as most people understand it, or “defense” as the dictionary defines it.

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How American Generals Are Being Paid Millions To Serve Foreign Governments - How Money Works

Red Alert: Former British Military Pilots Are Training China’s Pilots To Fight The West

British intelligence has issued a rare “threat alert” stemming from Chinese recruitment of approximately 30 former U.K. fighter and helicopter pilots to provide adversary training to Chinese military pilots. As dismaying as this news is, the fact that Britain has no legal code explicitly banning its pilots from providing training to China is jolting.

Have former U.S. military pilots have been similarly recruited by China?

According to a U.S. Air Force official speaking on background, the service is “not aware” of a similar issue with former U.S. pilots though it was notified of the U.K. threat alert in advance. The broader Pentagon, the Navy and Marine Corps have not yet responded to the question but this article will be updated if they do.

The idea originated with democrats that has since proven beneficial to republicans

Armed Services Lobbying Associations

Armed Services Lobbying Associations. Voluntary organizations designed to support a specific branch of the American military have always existed in the United States. In the nineteenth century, many groups organized along specialist lines to publish professional journals and bring together active duty and retired military personnel. Real influence on military policy did not come until the twentieth century, when lobbying associations were formed for each armed service.

These modern associations defined their primary purpose as lobbying Congress, explaining defense issues to the public, and working in close alliance with the branch of the armed services they represent.

Such private, dues‐collecting organizations often brought intraservice rivalries into the political arena. By the 1960s, they were considered part of the military‐industrial complex, allowing defense industry advertising to subsidize their publications. Though their opponents tended to exaggerate their power to influence policy, reserve organizations served as critical links between the service branches, the public, and Congress during times of open debate over military policy.

https://www.encyclopedia.com/history/encyclopedias-almanacs-transcripts-and-maps/armed-services-lobbying-associations

This arrived in my email inbox a few hours ago. I hope Jim Rickards has got it right.



From the publisher of The Daily Reckoning

Rickards’ Updated Election Forecast

Portsmouth, New Hampshire
October 31, 2022

Jim Rickards

Dear Clint ,

After months of analysis, headlines, debates, commercials, polls and more we’re finally on the brink of Election Day. On Nov. 8, just a few days from now, Americans will vote for senators, governors, House members and other offices from coast to coast.

These contests will determine which governing philosophy controls the country for the next two years. It will also lay the foundation for the presidential election in 2024 (that campaign starts the day after the midterm election). Everything that citizens, investors and markets care about is on the line.

Put on your crash helmets. This is going to be a wild election ride. Where do things stand just over a week away from the elections? Let’s break it down…

If the economy is good, stocks are going up and the U.S. is not involved in any wars, then voters will just reelect incumbents or vote for their party’s nominees without paying much attention to the issues.

The voters are content, and the politicians are free to implement the wish lists of the special interests.

This is not one of those times…

Rarely Have Issues Mattered More

• The economy is not good. We had a mild recession in the first half of 2022 and are headed for a much worse recession in late 2022 and 2023…

• Stocks are down 20–35% since late last year depending on the index used…

• The U.S. is indirectly involved in a major war in Ukraine, which has the potential to escalate into a new world war including the use of tactical nuclear weapons…

• Inflation is up, crime is up, reading and math scores are down and it seems the main role of teachers is to indoctrinate children in transsexualism and drag shows.

In all, there has seldom been an election since the 1930s (and before that, the 1860s) when issues mattered more.

The Republicans get this, although they are often too afraid of being called names to say so. Democrats don’t get it. They’re still talking about climate alarmism, abortion and bail reform when it’s clear either that voters don’t care or rank those issues far down their lists of issues that will dictate how they vote.

When it comes to issues, Democrats are clearly missing the boat.

Biden’s a Real Drag

Meanwhile, research shows that presidential popularity is one of the biggest determinants of a wide range of outcomes in midterm elections.

If the president is popular, his party can hold its own and limit losses. If the president is unpopular, his party will not only lose control of the House and maybe the Senate but could get caught in a so-called wave election that gives the opposing party control with comfortable majorities.

The best measure of presidential approval is the Rasmussen Reports Daily Presidential Tracking Poll. This poll uses a sample size of 1,500 likely voters, which is a solid representative sample. The margin of error is +/- 3%, which is reasonably tight for a poll of this type.

As of today, this poll showed the percentage of voters who strongly disapprove of Biden’s performance is 44%, and the percentage who strongly approve is 22%. This gives Biden an overall approval rating of negative 22% (0.22 – 0.44 = -0.22), one of the worst approval ratings ever recorded.

I consider Rasmussen to be a reliable poll, but I also look at Trafalgar, which has an excellent track record. Trafalgar shows Biden’s “strongly approve/strongly disapprove” gap at almost negative 39%!

This poll supports the Rasmussen result and suggests that Biden is in an even deeper hole than most analysts realize.

A midterm election for a first-term president almost always results in losses in Congress for the president’s party. With Biden’s approval rating at negative 22%, there’s every reason to expect a red wave in this election.

In fact, it may look more like a red tsunami.

My Forecast for the House

In the House races, my final forecast is that Republicans will win 245 seats while Democrats take 190 seats. Republican leader Kevin McCarthy will be elected as speaker of the House in January.

The House currently consists of 220 Democrats and 212 Republicans with three vacancies. My forecast means a pickup of 33 seats for the Republicans and a loss of 30 seats for the Democrats. That result is consistent with midterm election swings in the first presidential terms for presidents of both parties.

The Cook Political Report projects 211 seats that are solidly or leaning Republican, 192 seats that are solidly or leaning Democratic and 32 seats that are too close to call. If those 32 close races were divided 50/50 between Republicans and Democrats, the final result would be 227 Republicans and 208 Democrats.

That’s still a healthy working majority for Republicans, but it’s a far closer result than my forecast. But I expect a number of districts that Cook is calling for Democrats to go for Republicans.

Politico shows 211 seats solid or leaning Republican and 196 seats solid or leaning Democrat, with 28 toss-ups. If the toss-ups were divided 50/50 the result would be 225 Republicans and 210 Democrats, almost identical to Cook. This should not be surprising because Politico has the same D.C.-based bias as Cook.

RealClearPolitics, which is far more reliable than Cook or Politico, has a forecast of 225 Republicans and 175 Democrats with 35 toss-up races. If those toss-ups were divided 50/50 (with the rounding given to the Democrats), the final House would be 242 Republicans and 193 Democrats.

That’s within a few seats of my forecast and lends support to my methodology. If just a few more than half the toss-ups go Republican, then my forecast is right on the money based on the RealClearPolitics models.

To sum it all up, the Republicans are almost certain to take the House of Representatives. The majority will be substantial by any measure.

The Senate

The Senate is currently divided 50-50. The Democrats have control because Vice President Kamala Harris has a tiebreaking vote. There are 35 Senate seats up for election in this cycle. Democrats control 14 and Republicans control 21.

My final forecast for the Senate is that Republicans will have 53 seats in the new Senate and the Democrats will have 47 seats. (That count includes two non-Democratic senators who both caucus with the Democrats. Neither is up for election in this cycle).

I project that Republicans will win in Arizona, Georgia, Nevada, North Carolina, Ohio, Pennsylvania and Wisconsin. Democrats will win in Colorado, New Hampshire, and Washington.

If this forecast is correct, then Republicans will hold their seats in North Carolina, Ohio, Pennsylvania and Wisconsin, and will flip seats in Arizona, Georgia and Nevada.

The Democrats will hold their seats in Colorado, New Hampshire and Washington and will lose seats in Arizona, Nevada and Georgia. The Democrats will not flip any current Republican seats.

This outcome leaves the Republicans with 53 seats, and the Democrats with 47 seats. Incidentally, my forecast is identical to RealClearPolitics, which projects a Senate of 53 Republicans and 47 Democrats with the same states in each column.

Any wins by Democrats not in my forecast are likely to be offset by unexpected wins by Republicans leaving the outcome at 53-47 in favor of Republicans.

Expect the Unexpected

But it wouldn’t be a 21st-century American election without some shocks and surprises. Here are a few to watch out for:

Pennsylvania has active litigation on whether mail-in ballots should be counted if they lack a signature on the envelope as required by state law. In a close race, this issue will come to the fore. It could drag out the declaration of a winner by weeks or months with acrimony from both sides…

Georgia requires a winner to have more than 50% of the vote. If neither Warnock nor Walker reaches the 50% level (due to third-party candidates and write-ins), then there will be a runoff election between the two leaders on Dec. 6, 2022. That will also delay the final declaration of a winner.

If, after Election Day, control of the Senate itself is uncertain because it hangs on those undecided races (such as Pennsylvania and Georgia), you can expect a strong negative reaction from markets.

The stock market can deal with Republicans or Democrats. It cannot deal with uncertainty. All I can say is don’t be surprised if all this drags on for a while.

Expect the unexpected!

Regards,

Jim Rickards
for The Daily Reckoning

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